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LACO MACHINERY

Active
Public limited companyfounded 1994active for 32 yearsIndustrielaan 22, 8520 Kuurne, BelgiumKBO/BCE: BE 0451.639.225
Summary

LACO MACHINERY has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.0m and a net result of €2.4m. Equity has been growing by about 14% per year since 2019. Its solvency ranks better than 95% of 384 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-01-1994 Normal situation
Activity
Manufacture of machinery and equipment not elsewhere classified NACE 28299and 1 other
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 30-09-2025
Establishment unit
2.065.553.929 8520 Kuurne, since 17-02-1994
Financial year end
30 September
Peppol
Reachable since 26-09-2025

Board and ownership

Board

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-09-2025
Turnover
€11.9m
Profit
€2.4m
▲ 20.0%
Equity
€12.0m
▲ 10.6%
Total assets
€13.9m
▲ 12.7%
Employees on 30-09-2025
20
▼ 13.0%
Score breakdownraises riskSector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)lowers riskFounded in 1994Profit of €2.4m (financial year 2025)Equity €12.0m (86.4% of total assets)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 80% of small companies in machinery and equipment (NACE 28)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 86.4% of total assets
Liquidity 56+2
short-term debt 11.5% · cash 5.3%
Profitability 94+5
return on assets 17.3%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (291 companies, NACE 28, small)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026highest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €1,150,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.81 (6.41 in 2024), above the usual 1.5. Short-term debt is 11.5% and cash 5.3% of total assets. 13.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 28, small). It does better than 93% of them on solvency, 70% on liquidity, 92% on profitability and 65% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Profit of €2.4m (financial year 2025)
NBB · annual accounts
lowers risk · Equity €12.0m (86.4% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
27 days early
2023
56 days early
2022
54 days early
2021
47 days early
2020
38 days early
2019
69 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 47 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 14 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in machinery and equipmentsector median 41.3% · 384 companies 86.4% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €2.4m 7 years View

Recent changes

  1. · Gazette deed 3 directors appointed, 2 directors resigningResignations: Thibault LAPAUW (director) and Charlotte LAPAUW (director) · Appointments: LAPAUW CONSULTING BV, LPW Industrie BV and VRC BEDRIJFSREVISOREN · Permanent representatives: Thibault LAPAUW and Charlotte LAPAUW
  2. · Gazette deed 1 director appointed, 2 reappointedReappointments: Dominique Lapauw (niet statutaire bestuurder) and Thibault Lapauw (niet statutaire bestuurder) · Appointment: Charlotte Lapauw (niet statutaire bestuurder)
  3. · Gazette deed Reappointments: Dominique Lapauw (director) and Thibault Lapauw (director)
All 16 events

Comparable companies

These companies have the same main activity as LACO MACHINERY: manufacture of machinery and equipment not elsewhere classified (NACE 28299). They are comparable in size and age: total assets between €6.6m and €14m, founded between 1983 and 2005.

CompanyTotal assetsTurnover
LACO MACHINERY Kuurne€13.9m€11.9m
LIMOTEC Anzegem€6.6m€9.6m
CONTINENTAL ENERGY SYSTEMS Malle€11.3m€13.8m
VANSICHEN LINEAIRTECHNIEK Hasselt€10.0m€13.7m
NOPEK Lokeren€9.9m€15.0m
GEARCRAFT - VANHOUTTE Waregem€14.1m-
SPIESSENS Tielt€8.2m-
Full comparison

Key facts about LACO MACHINERY

What is the company number of LACO MACHINERY?
The company number of LACO MACHINERY is 0451.639.225. The VAT number is the same number with BE in front: BE 0451.639.225.
Where is LACO MACHINERY based?
The registered office is at Industrielaan 22, 8520 Kuurne.Company details
What does LACO MACHINERY do?
According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28299).
What is the legal form of LACO MACHINERY?
The legal form of LACO MACHINERY is Public limited company (NV).
When was LACO MACHINERY founded?
LACO MACHINERY was founded on 10-01-1994.
Is LACO MACHINERY still active?
Yes, LACO MACHINERY is an active enterprise in the KBO register.
How many employees does LACO MACHINERY have?
LACO MACHINERY had an average of 21.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does LACO MACHINERY fall under?
In its 30-09-2025 annual accounts, LACO MACHINERY states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw) and 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
What is the turnover of LACO MACHINERY?
The turnover of LACO MACHINERY was €11.9m in financial year 2025, according to the filed annual accounts.
Is LACO MACHINERY profitable?
In financial year 2025, LACO MACHINERY made a profit of €2.4m.
Where can I find the annual accounts of LACO MACHINERY?
LACO MACHINERY filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LACO MACHINERY due?
LACO MACHINERY must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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